Dexus Research's Real Asset Review for Q3 2024 describes the key trends in Australia's main real asset market including commercial real estate, healthcare and infrastructure, including a spotlight on student accommodation.
Hot Take - If history repeats we could be in for a recovery in office markets
- By Peter Studley
- 06 June 2025
A peaking of the vacancy rate in the Sydney CBD signals a major turning point for the market. With planned supply a fraction of previous levels, there is a compelling recovery story. History has shown that office markets follow a well-defined cycle. Supply always slows after a period of high vacancy. Then, over the next four to five years, space is absorbed and vacancy falls. In these periods of falling vacancy, markets experience above average rent growth.